Common use of Coverage under the Clause in Contracts

Coverage under the. Medical Plan for any participant shall immediately terminate on the earliest of the following dates: a) The last day of the calendar month during which the participant voluntarily terminates or is dismissed from the employment of the Company, or otherwise ceases active work for the Company, except: 1) In the event of retirement, the participant is eligible for continuance of coverage on the date of his retirement, provided he was covered under the Plan on the day prior to his retirement. However, a participant who terminates employment with the Company with vested retirement rights in the Company's Retirement Plan and later retires upon reaching normal retirement age, is not eligible for coverage under this Plan; b) The last day of the calendar month during which the participant enters full-time military service; c) The last day of the calendar month for which contributions were last paid; d) The date the Plan terminates.

Coverage under the. Medical Plan for any participant shall immediately terminate on the earliest of the following dates: a) The last day of the calendar month during which the participant voluntarily terminates or is dismissed from the employment of the Company, or otherwise ceases active work for the Company, except: 1i) In in the event of retirement, the participant is eligible for continuance of coverage on the date of his retirement, provided he was covered under the Plan on the day prior to his retirement. However, a participant who terminates employment with the Company with vested retirement rights in the Company's Retirement Plan and later retires upon reaching normal retirement age, is not eligible for coverage under this Plan; b) The last day of the calendar month during which the participant enters full-time military service; c) The last day of the calendar month for which contributions were last paid; d) The date the Plan terminates.